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20131202
20131210
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KRON (MyNetworkTV) 7
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English 66
Search Results 0 to 49 of about 66 (some duplicates have been removed)
CSPAN
Dec 4, 2013 6:00pm EST
sure our economy works for every working american. it's why i ran for president. it was the center of last year's campaign. it drives everything i do in this office. and i know i've raised this issue before, and some will ask why i raise the issue again right now. i do it because the outcome of the debate we're having right now, whether it's health care or the budget or reforming our housing and financial systems. all of these things will have real practical imply cage for every american. and i am convinced that the decisions we make on these issues over the next few years will determine whether or not our children will grow up in america where opportunity is real. now, the premise that we're all created equal is the opening line in the american story. and while we don't promise equal outcomes, we've strived to deliver equal opportunity. the idea that success doesn't depend on being born in to wealth or privilege, it depends on effort and merit. with every chapter we've added to the story, we've worked hard to put those words in to practice. it was lincoln a poor man's son who star
CNBC
Dec 6, 2013 9:00am EST
remember this is an asymmetric economy and we have keep our eyes on the bottom half. >> it suggests the economy is doing better, even in the face of headwinds and moves us closer to the fed's threshold number. we may get there quicker than we expect. >> thank you for joining us. it's time for "squawk on the street." >> 203,000 jobs added in november. a jobs report headed in the right direction. i'm carl quintanilla with jim cramer. david faber is off. the 10-year yield within about 10 basis points or so of that 3% at least earlier this morning and europe is worth watching as well. looking at the jobs number, as we said, 203,000 non-farm jobs added last month, forecasts calling for about a gain of 180,000. the unemployment rate down 0.3% to 7%, the lowest level in exactly five years. the question is whether or not the fed will scale back its bond purchasing program when the central bank meets later this month. jim, whether it was u-6, the workers, the wages, there's not a lot to quibble with in this one. >> i was most concerned about an even bigger number. this is kind of good. it wa
MSNBC
Dec 9, 2013 2:00pm PST
]. >> you're causing them to become part of this perpetual unemployed group in our economy. >> maybe you should lend a hand, hmmm? >> with the american worker or against them. >> now we have class envy being stoked by the democratic party. >> oh, my gosh. does that suck. >> we have the most unequal distribution of wealth and income in any major country on earth. >> if you raised the minimum wage too high, you're going to have not more jobs but fewer jobs. >> you sit on a throne of lies. >> but income inequality is ticking up nonstop. >> nobody gives you anything. you earn it. >> we have this big conversation going on in this country right now about income inequality. but none of them have ever experienced it. >>> put some ketchup on that one, will you? good to have you with us tonight, folks. thanks for watching. well, do you remember back in 2000 when bush ran and the conservatives coined this term, compassionate conservatism? wow, was that in a different era. there is no compassion, as far as the republicans are concerned. just listen to what they say, just listen to what they're propo
NBC
Dec 6, 2013 6:00pm PST
the local economy a boost in the process. >> there are a lot of other satellite businesses that depend on us growing, too, so this project, you know, there were several hundred people that, you know, went to work bringing the electrical, the construction, all those other pieces here to support our efforts to satisfy our customers. >> reporter: among those other businesses, barry swenson builders, busting out of the construction slump with more tech industry-fueled south bay real estate projects than they've seen in years. >> absolutely. and actually a little by concerned about what we're going to do come late spring. >> reporter: because? >> because we have so much volume at this point, and just want to make sure that we have the right people in the right places to make sure those jobs get done correctly. >> reporter: the busier they are in here, the busier they'll be out here. >> we think it hopefully will continue into the next couple years. >> reporter: gradually building up the local economy. now, the jobless rate for the entire country came in today at 7.0%. the lowest rate we've seen i
FOX News
Dec 4, 2013 8:00am PST
"happening now" ♪ ♪ jon: good morning on this wednesday. the president giving a speech on the economy today to talk of obamacare again. all part of a three-week pr blitz to convince americans to sign up and soon. hello, i am jon scott. jenna: i am jenna lee. the presidents common coming on the heels of the enrollment website 631 the website is trying to put the botched rollout behind it. getting that millions of enrollees getting the health care law work. the deadline to sign up for coverage next year is december 23. let's talk about with karl rove, a senior adviser and deputy chief of staff to president george bush. he is also a fox news contributor. that was part of her job when you are there to get the message out and get the programs in the public eye. can the president resell a program that has had such a difficult time? >> they had an enormously bad first impression and it is hard to convince people that this program isn't fundamentally flawed. there's a lot more bad news than there is good news. millions have lost their private insurance coverage and they are finding that when they g
Al Jazeera America
Dec 9, 2013 6:00am EST
are furious about the failure to sign a trade deal with eu and turn to moscow to save the economy. >> translator: i want a new government that listens to the people and doesn't treat us like animals. >> translator: we are here to fight for our rights and our kids are brought up in a good country without corruption and where everything is fair. >> reporter: the crisis here is reaching a crucial moment and he believes he can survive with moscow's help but they are ready for a long fight to achieve aims and i'm tim friend with al jazeera. >> leaders lack constitutional power to oust the government before the presidential election in 2015. a riot breaks out in singapore's little india district after an india national was struck and killed by a bus. crowds attached police and set cars on fire and dozens were injured and 27 people were arrested. it was singapore's first major riot in four decades. and the president of venezuela won half of the elections on sunday and held control in the oil city and the capitol caracas and inflation is 54% and power outages and shortages of necessiti
NBC
Dec 9, 2013 3:20am EST
're face ing this country. a big part of the economy also involves health care. what we don't know yet, despite the president's promises, is not only how the health care industry will respond but what big companies and small companies are doing to see that their best interests are served by all of this, and we can't see how that might play out by the end of his first term. terms of employment. yes, there are encouraging signs that unemployment is going down, but the middle class is still widely separated from the 1% at the top. we know we don't have the skill set in our economy. there is just another report this past week about where america stands when it comes to the rest of the world in terms of educational skills. we have a lot of work to be done. so these are decimal points we're talking about. it's not really dealing with the larger, big picture issue about the american economy. >> katty kay, a final point on this? the president talked about a higher wage hike this week, and it's just not going to happen. it's not going to happen if you look at the current political climate. so a
NBC
Dec 7, 2013 7:00am PST
rate dropping to the lowest rate in five years, 7% is an encouraging sign for the economy. kristen welker shows us washington's dysfunction could threaten the recovery. >> reporter: launched an eyeglass company three years ago. these days, signs the economy is recovering. >> more than doubled in sales. next year, we are planning to hire 150 people. >> reporter: that hiring trend reflects what is happening throughout the country with news that employers added $200,000 jobs for the last months. 40,000 in education and health care. 27,000 manufacturing jobs, 17,000 construction jobs. >> now, we are getting consistent jobs reports. it's positive. it's positive for the economy and people should feel generally better that conditions are improving. >> reporter: on closer look, the unemployment rate for adult men is 6.7%. for women, 6.2%. the numbers are higher for african-americans and teenagers. still, some worry washington's upcoming budget battles could threaten the recovery. >> the u.s. economy pays attention to what washington is doing but this is an unpredictable business. it makes
MSNBC
Dec 7, 2013 9:00am PST
struggling, it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans meantime remain focused on obama care. north carolina congress woman renee elmhurst delivered the gop's response earlier today. >> families who work hard and by play the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans and let you keep the plan you like. these proposals are among the dozens of house passed jobs bills awaiting action in the democratic-run senate. >> meanwhile, good news on the latest jobs report to share. 203,000 of them created in november, just 1,000 shy of the number of jobs created in october. unemployment fell by.3 down to 7%, the lowest in five years. kristen welker is at the white house for us. kristin, i'm curious how the white house is interpreting these numbers. all good? >> well, look, th
CNN
Dec 7, 2013 3:00am PST
. >> good economy. >> a better economy. a lot of people say they don't feel it. a better than expected jobs report pushed the dow nearly 200 points higher on friday. >> you know why 203,000 jobs were added to payrolls in november. way better than expected. the jobless rate, that ticked significantly lower to 7%. that is the lowest it's been in five years. we have more on how it's affecting wall street. good morning, zain. >> well, poppy and victor, it was a big week for the economy. car sales rose, new home sales soared and friday, unemployment rate druopped to 7%. that's the lowest since 2008. earlier this year, unemployment declined a lot of people got discouraged and weren't counted. the economy has added more than 2 million jobs this year, the best since 2005 and the gains not just in low-rate sectors. a lot in education and health care, professional services like accountants and travel agents. and hiring in manufacturing is strongest since last year. wages are up and americans are working less hours. the list goes on. the report pushed the dow up 200 points friday. the federal reserve
MSNBC
Dec 4, 2013 2:00pm PST
in america. people a little bit down on their luck in transitioning back into the economy, thinking, gosh, i could probably use a food stamp. well, it's the holiday spirit, republicans are getting into the holiday spirit this year, by oh, what the heck, let's attack the poor people and let's throw in the pope this time, too. leave it these guys, to slam the needy people in america. leave it to these guys to slam these folks just a couple weeks before christmas. [ whistling ] last night, bill o'reilly took his belittling of the poor to a whole new level. owe ri'reilly claimed that jesu might not be in favor of food stamps. >> the problem, as i stated, you're helping one group by hurting another group. and a bigger group. and so i don't know if jesus is going to be down with that. >> yeah, you don't know if jesus is going to be down with that. you know exactly what society was like some 2,000 years ago there, billo. oh, riley, he didn't stop there. he went on to say if you were on food stamps, it's your own fault. >> some of the people who don't have enough to eat, it's their fault they don't
MSNBC
Dec 5, 2013 8:00am PST
from taxpayers to get by. we heard the president speak about the economy. i just want to remind everybody what he had to say. take a look. >> we know there are airport workers and fast food workers and nurse assistants and retail sales people who work their tails off, and are still living at or barely above poverty, and that's why it's well past the time to raise a minimum wage that in real terms right now is below where it was when harry truman was in office. >> so, paul, if we look at certain states, california, new jersey, new york, they've raised minimum wage requirements, but on a national level, how effective are demonstrations like what we'll see today to help elevate the conversation to where it needs to be? >> i've been following involved with wage campaigns for more than 20 years. i've never seen this level of national focus and momentum, and in particular, states are already starting to act and they're pushing for much more significant increases in the minimum wage that bring it much closer to the historic level. the president and congress have called for $10 an hour.
FOX Business
Dec 6, 2013 9:20am EST
't have employer exuberance. we have a couple of numbers to see for the rest of the economy. no, i'm waiting until the afternoon, we've seen a noon swoon the last five, six days in a row. if you want to buy going into the weekend, i'd say wait because we'll have a selloff mid day. stuart: there's a prediction. scott, you're killing me here. >> on a macro labor we'll wait on this taper talk, and there will be automatic selling when you hear the 10-year high. stuart: those are the 30 stocks that make up the dow jones industrial average, every single one in the green and that means they're all up this morning. right now, the overall, the dow is up 86 points, but again, we expect it to move higher than that. we've had some sky high predictions for apple stock this week. one guest said 700, another said, a thousand bucks a share. i can see that it's open $3 lower on otherwise up market today. but here is john layfield, fresh from the beach. apple, i know you follow it very closely, are you buying those sky high predictions? >> no, i'm not. i would buy the $700 prediction, i just don't t
FOX Business
Dec 4, 2013 5:00pm EST
, who are living at home who are trying to get into the economy, get their experience, get that first job. by raising minimum wage there will be fewer jobs for those people trying to begin their life as productive workers? >> i would have to disagree with you. that may have been the model five or six years ago but with sequestration, we lost 8,000 jobs in the district of columbia. we have people that have been making a decent wage, that need to continue making -- melissa: is sequestration cut off jobs at mcdonald's? how do you connect sequestration with people who are making minimum wage at places like mcdonald's and burger joints? those two things don't go together? sequestration didn't cut off money for minimum wage at restaurants? >> that is not absolutely true. you will find all kinds of workers in these fast-food places because the economy has been bad. the bottom line the district of columbia provide for a minimum wage. walmart opened their doors. in fact we were surprised to learn starting wage at walmart is $9.25 per hour, even now. we had great impact. they were talking 8.25
PBS
Dec 7, 2013 12:30am PST
money in the community and boosting thekomy economy. cupÑi of okqnoodles. and basically i will be able to provide for my daughter which is very important for me.xdxdw3 having that kidÑi happy, notçó 3 "oh, mommy, can i have jfthese,r money. sure, honesÑ when it( have mone you can have anything you want.( áqat will be what i willt( do. >> that's guadalupe's statement. ron, i want to begin with you. you're the au!y?iÑi of a new ballot initiative to raisefá california's minimum wage to %ò& an hour, lower than the $15xdq t guadalupe andÑi her fellow fast food workers are asking for. what did you think of her story? >> well, i think it's a very realistic account of the day-to-day lives of so many of the low-wage workers in struggling under very difficult positions. and they don't have the dollar) to spend in our economy to revive us after this recession. >> and ken jacobs, do you think that the minimum wage should be raised to $15 an hour? what effectjf would that qhave? >> well, i think california does need a raise÷njf in the minimum wage. in fact, we will have one now going up
Al Jazeera America
Dec 2, 2013 11:00pm EST
for the economy. air amazon, geoff bezos is floating the idea. we will ask an expert if the drone delivery service is really coming to your doorstep. >>> picture this: sweeping scenes and deeply personal moments. tonight, the most extraordinary images of the year. >> there is much we do not know about yesterday's deadly train derailment but we know this. it was traveling at an extraordinary rated of speed, almost three times the limit as it approached a dangerous term. several cars jumped the track leaving the scene of devastation. four passengers were killed. scores injured. investigate orders are trying to figure out what went wrong and why. jonathan martin has the latest. >> reporter: the question remains now: was this caused by operator error or some sort of mechanical error on the brakes. we know from the ntsb, speed was a factor. >> that's something that was reported early on by passengers and witnesses. investigators with the national transportation safety board say they now know the commuter train was going too fast as it approached a curve. >> the preliminary information -- let me emph
CNN
Dec 2, 2013 6:00am PST
what does that say about our economy? >> well, first of all, the data we get on -- from the retailers at this time of year is almost always contradictory and confusing. they are not always completely forthcoming because they don't want to discourage people from shopping. i think the most interesting thing we saw over the weekend, besides the fact that a number of retailers decided to be open on thanksgiving day, was that 40% of the sales were on-line. in a sense, cyber monday is an accra nism. cyber monday dates from the day when people had slow internet at home and came to work on monday after thanksgiving and ordered. now so many have broadband people are shopping on-line all the time and the retailers are scrambling to catch up with consumers. >> i shop on-line too in light of the incidents you see every black friday, always seems to be a fight somewhere and that can't help retailers, right? >> right. well, of course not. but i think people like going to the stores. we at the "wall street journal" and others did stories following teenagers around the mall and that's social. you can
CSPAN
Dec 4, 2013 5:00am EST
back to china. the u.s. and china represent the world's largest economies, the world largest energy consumers, and the world's largest emitters of carbon pollution. i would rather not be the largest energy consumer or the largest emitter of carbon pollution, but since we are, we are going to get together and talk. we know there is economic competition between the two nations. that is healthy. but we do share the same climate and the same level of concern about a changing climate. i think we are well positioned to begin work together in a more concerted effort to move forward, to build on what i think of as 30 years of significant cooperation and partnership between our countries already. let me highlight the fact that one of the opportunities when i go to china is to build on the fact that epa and the ministry of environmental protection in china have had a deep and strong relationship. they know they are facing á1m they have known that for some time. we know that as well. for the past 15 years, we have been working with them in depth on working to address their air quality challen
MSNBC
Dec 3, 2013 3:00am PST
among 65 countries and districts that make up the lion's share of the global economy. american teens are down four spots in science coming in at 24. and they slipped another -- >> this is unbelievable. >> ten spots -- >> look at that. >> to 21st when it comes to reading. several chinese cities as well as japan and singapore saw their students improve significantly. >> willie geist, your mom has been involved in educational reform. we were talking about mike bloomberg who dedicated four years to it. the gates spent billions and billions of dollars and the only thing -- not the only thing but one of the main things they learned reducing class sides. they spent billions of dollars on that. that doesn't work. man, the past four years when it seems everybody's focus has turned to education reform in a big way, just been disastrous, not disastrous but terrible. our state of the union are getting worse and worse. >> this is a trajectory we've seen for more than a decade. it goes back. maybe you say we'll give the reforms of the last few years to settle in. reaction to this study was amazing
CSPAN
Dec 7, 2013 12:00pm EST
as an economy with the growth and per capita terms for a system that delivered last effective outcomes for a smaller percentage of the population. in short, quoting someone i know well, we were spending more each year and getting less. economies suffered and all of it was unnecessary. fighting to deliver quality affordable care and the security that comes with it to every american is paramount. making sure everyone gets a fair shake and as we continue to rebuild our economy and a better middle class and that is what the affordable care act does by using touchtone american values of transparency and competition to improve health care protections and affordability for those americans who already have insurance and to provide new affordable care act and sort consumers who don't have the -- for consumers who don't have it or want to switch their insurance. we finally put in place real solutions that will continue for decades to come. reforming the system is not an easy task. i have worked on many complicated issues. peace in the middle east, iran, but it deals. -- and budget deals. reformi
Al Jazeera America
Dec 3, 2013 8:00pm EST
. is it because the sanctions were biting deeply into the economy or from a political perspective the ar art you are genuine in sg a new chapter. >> in iran we have political elections an an popular and popr elections. >> they chose a different path this time around. and that election provided a historic opportunity to us and to the west in order to atry tro address us. you. we are not talking about sanctions. when sanctions started iran had less than 200 centrifuges and the note product has been 1880 centrifuges that has been added to iran's stock of centrifuges so sanctions have utterly failed in that regard. it seems to me that the west is trying to take advantage of the historic opportunity. we have a new government and a different approach to foreign policy. our tenants of foreign policy have not changed we insist on our rice rite an rights and we t negotiate. this can be achieved best through construction gea negotiation. >> first of all, what has happened, nick, since this deal was made and are there signs of how this is going to work? >> yeah, john, i think their initial reaction is tent
CSPAN
Dec 5, 2013 12:00am EST
on their business. in our challenging economy, many small business owners are simply not hiring or are reducing worker hours to avoid the employer mandate. thank you to this outstanding panel of witnesses who have taken time from their busy schedules to be here today. we do look forward to your full-time. i now yield to ranking member for her opening statement. thank you, mr. chairman. small businesses are the backbone of our economy. but in the past, health care costs and declining coverage have hinders small business owners. the factors have -- our nation's entrepreneurial problems and help out small businesses. in fact the chairman mentioned nfib, the u.s. chamber of commerce, they have conducted a survey about small businesses asking them why is this the main issue they are concerned about? they talk about the cost of health insurance to be able to provide. in fact, 62 percent of small businesses in this country provide no health insurance to their employees, their family, or themselves. if anything, this law will enable small businesses to participate in the changes. so we have the larges
MSNBC
Dec 4, 2013 2:30am PST
susceptible to foreign competition and could damage the broader economy. and on the topic of the economy, the november jobs report is out friday. it will be closely watched. some are expecting the unemployment rate to drop as much as .5%, not because americans are getting hired but because the dip in unemployment is due to washington removing more than one million long term unemployed people off the benefit roles. jobless benefits were 1.3 million people set out to run out on january 1st. >> yeah, there is only a few days left for congress to do that. listen, amazon made a lot of news with that drone story delivering packages. it turns out they're not alone in trying this out. >> brian, the drum wars are upon us. it's not just amazon. ups and google are also testing their own versions of delivery drones. u.p.s. neither confirming or denying the reports of the testing and a google watchdog site says the company has been testing drones as recently as february. it looks like we'll be getting drone delivery sometime soon. i'm not sure how they can get in my apartment bulgd. >> i think new yo
KRON
Dec 3, 2013 5:00pm PST
everyone is a winner here. gm, ford,and more... our economy we have to have the auto working. because the rest of the economy will fall in place. >> jacqueline: and definitely on the chilly side today. but it will get colder temperatures money in the upper 40's floor 50 sprit but we are heavy handed for twenties tonight. had it down to the south still seeing a few lingering snow shoppers. clear skies here locally so the cold temperatures will lead to a frosty conditions for most of the bay area and freezing conditions for the north bay north and inland valleys. temperatures are struggling to get into the fifties. rain will return to the forecast by friday. throughout much of the bay area san francisco will be the only place not under the freeze on morning. again widespread frost. also subfreezing temperatures. here is a look at futurecast widespread 20's and 30's. we only have slightly conditions. >> jacqueline: temperatures in the 40's struggling to get into the fifties. first let's look at the morning low temperatures. freezing in concord 28 in santa rosa and in napa 35 for half moo
CBS
Dec 1, 2013 6:30pm PST
and by the crowds and folk us on family and having a good time. >> the economy may be improving but not fast enough apparently for some customers. travel is project those who host faith in the future that travel will drop 3.7% for holiday air this year. reporting live at sfo. don knapp, kpix5. >> it is expected 43.5 million people will travel had this weekend and most of them, 39 million by car. >>> new details are emerging about the fire car crash that killed actor paul walker. now, we have the emotional reaction from his father. >> i just am glad every time i saw him i told him i loved him. [crying] >> reporter: paul walker's father is trying to deal with the death of his son who was named after him. one of four children, a neighbor told us he and his wife raised in this house. today, friends and family got together here. >> can't beat friends at a time like this. and brothers. we are all taking it pretty hard. >> walker leaves behind a 15- year-old daughter, medo. >> going to take time and dad she is 15, i don't have much more time to get with her and boom another movie. oh. i don't know what t
KRON
Dec 6, 2013 7:00am PST
the u.s. economy has been created over $200,000 a month. this is very good nils because the job market is strengthening. wall street is reacting positively. the >> we have been dealing with subfreezing temperatures. are you ready for the rain and snow? i will have a full detail of what to expect. [uncle]this is hopscotch,okay? uncle go one,two,one,two,one two,one. [niece]okay! [uncle]okay? [niece]one,two three,four,five,six,seven,eight! [uncle laughing] okay,we go the other way,okay? [niece]one,two,three,four,five, six,seven! [uncle laughs]there's ten spaces,you want to try again? [uncle]yeah? tell me you can'wait for christs. and you appreciate the things io. because we'll ways be a famil tell me i bring out the best iyou. ♪ that you're thankful ♪ that it won't be theame without me tell me you love m even if you say it every d. just tell . [ female announcer everyone you love has someing they need to hear this holid. tell them with a hallmark card >> welcome back. we are watching the weather perry ed there is an ice storm out of dallas. the traffic is just box of the roadway, thei
MSNBC
Dec 7, 2013 7:00am PST
challenge to the possibility that white africanas can walk aawith an economy and privileges they had before it all begins to unravel. >> those young people are not only those people -- the young people living in south africa who are bearing the brunt of this violent regime and are willing to go to even more extreme lengths to make sure that apartheid crumbled but also the solidarity, then, with the international group of young people who make apartheid their fundamental -- >> and that was such a key point that all over the world -- and we talk about immigration and talk about the fast food movement. we have to look right now at the movement that ultimately took down apartheid. it was especially young people on college campuses, workers, not on college campuses, the polaroid worker who is said we're not going to be part of the company that provides the photos for the passbooks in south africa. it was this economic threat from the more radical young people and from youk people all over the world -- i mean, the campus movement in the united states was immense, very threatening to establishment
CNN
Dec 6, 2013 11:00am PST
with you later. >>> let's talk economy. the new government jobs report has turned out to be an early holiday gift for us in the u.s. with the unemployment rate at its lowest since 2008. look at the number in red, 7%. last month, 203,000 jobs were created, beating many economists' expectations and more importantly, the numbers behind this jobs report show that the hiring isn't just for those $9 an hour jobs, but also for higher paying positions. let's talk about this with our senior economist at bloomberg government. and christine roman, who stayed up for us and we appreciate you, christine. cnn chief business correspondent and host of "your money." christine, first to you. we know november means holiday shopping for most of us, if you think ahead, which means seasonal workers. when we look at these numbers, did the government adjust for that? >> oh, yeah, and i'm going to tell you this is a pretty broad-based jobs gain. it wasn't just bartenders and waitresses, not just stocking the shelves. it was broad based. you look at warehousing and transportation, those jobs, $24 an hour. you
KRON
Dec 7, 2013 7:00am PST
fell to 7%. the strengthening economy is good news for the president. but he may not be getting much credit for this because so many working americans are not feeling any improvement. >> reporter: it's more proof that the u.s. economy is heating up. according to the latest job reports, 203,000 people found work in november and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that that the economy grew in the third quarter faster than it was initially thought and it's no wonder that the white house wants monther. but analysts warn this warming trend is leaving too many americans out in the cold. >> if you're wealthy, you're feeling it. if you're in the middle or the lower end of the economic spectrum, you aren't. >> reporter: just look at the numbers. while the economy has recovered millions of lost jobs since the great recession, 6 in 10 americans say things are going badly in the country that's because with this recovery, there are two americas, wall street is booming, ending the week on a strong note. even as fast food workers were marching in the
CNN
Dec 3, 2013 3:00am PST
's trip was supposed to be about trade and the economy. now in fact it's all about the chinese military. vice president joe biden with one eye towards a possible 2016 bid is getting the chance to flex his international muscle power in asia. >> the united states has an interest in the lowering of tensions in this vital region. as i believe all the countries in northeast asia share that same interest with us. >> reporter: biden, in crisis manager mode, arrived in tokyo as the region confronts a power grab by beijing. china declared it now controls a vast portion of the air space over the east china sea and remote islands that both china and japan claim. biden will bluntly ask the chinese leaders their military intentions when he stops in china next. u.s. officials worry china's ultimate aim is a confrontation with japan. >> we, the united states, are deeply concerned. by the attempt to unilaterally change the status quo in the east china sea. this action has raised regional tensions and increased the risk of accidents and miscalculation. >> reporter: china is demanding aircraft flying thr
KRON
Dec 6, 2013 4:00am PST
is improving and the economy is growing at its fastest pace in more than a year but stock traders are worried that means the federal reserve is closer to pulling back its stimulus. that $85 billion-a-month bond-buying program has been helping to power this year's record-setting run in the stock market. the fear of a fed pullback led to another market decline yesterday. here's a look at the closing numbers. the dow jones industrial average dropped 68 points. the nasdaq composite declined nearly 5 points and the s&p 500 index dropped for the fifth time in a row yesterday, matching its longest losing streak since september. it closed down nearly eight points apple has come up with a way to track where you are located, while you're inside one of its stores. starting today, the company will begin using i-beacon, an app that sends you messages tailored to where you are inside the store. one day, commuters might get information on subway delays as they stand on the platform, while museum visitors might get details on the painting they are standing in front of. of course, this raises privacy concerns
CNBC
Dec 3, 2013 1:00pm EST
has better economies of scale than google. they could be a major player here. what i expect them to do is drive even further commoditization in cloud computing. the others are going to have to figure out how to do services on top to make it profitable. >> they'll make money charging companies for operating a cloud server for them, right? >> absolutely. they're going to drop the prices on that. >> we talked a little a minute ago about tablets. idc saying pc shipments will shrink more than expected in 2013. they were down 4% last year. this year they're saying 10%. it's not as though we don't look around this room, everybody's got a desk top. most people have a laptop. but what's selling now are tablets. >> people aren't buying a lot of new pcs. 10.1% the most it's ever been down, down to 2008 levels they're projecting. they're hopeful that the losses will stabilize once these two and one pcs come out. that's kind of wishful thinking. better tablets come out they might continue to buy those. >> all about the mobility. sue? >> gentlemen, let's get the trading action here because it's a do
Al Jazeera America
Dec 2, 2013 4:00pm EST
fears that instability in one of asia's largest economies. wayne hay has more now from the capitol. >> a battle is being waged on two fronts, anti-government protesters are trying to enter the office of the prime minister and the bangkok police. this time, a rubbish truck was used to try to bake through the barriers erected by the police. it and it's okay pants were 40sed into a quick retreat. tear gas spewing from the cab. it seems some people on the streets are willing to go to extremes to achieve their goal. they want the government and the prime minister gone. yingluk shinawatra spoke to the media the day after meeting with the protest leader. she says she is willing to do anything to end the crisis. tutep's idea is that it's unconstitutional. >> we found out he isn't interested in the resignation of the prime minister, nor does he want to dissolve the parliament. he wants me to return the power of the prime minister to the people. i don't know how we can proceed with this offer because this provision doesn't exist under constitutional law. so that's why it doesn't mean that we
Al Jazeera America
Dec 2, 2013 6:00pm EST
this is a sign that consumer confidence continues to be down and that's a problem for the economy. >> give us a preview of what else you are working on for the program. >> we are going to crunch all of the data that's coming out over the new obamacare website. some 400 changes that were made by programmers and code writers, but there are more changes to come as far as the back end of the site important for insurance companies. wet get into that and talk about what these numbers mean and the way this entire site is heading. >> it's the back end. everything is about the back end. >> just for you, tony harris. >> at the top of the hour right here on al jazeera america. >> a return of a familiar face to the usc football program, jessica taff is here with your supports ted lines. >> a new big man on campus, it seems. usc has named washington steve kar sizi and the trojans are hoping he can turn around the football program like he did for the huskies. he was an assistant with the usc in 2007 and '8 went 6 and 2 after taking over for lane kisin who was fired in september. mean while, trouble off of
FOX
Dec 6, 2013 5:00am PST
actually we had some decent news on the economy. but this time of year things fluctuate a bit. right now the futures are fluctuating as well. could be a slightly lower opening but we will get a better read. market opens up. bell rings in an hour and ten minutes. >>> honda offering significant deals. dealers will get a $3,000 bonus for any extra car or truck sale. >>> coming up. two young children diagnosissed with cancer just days apart. how strangers -- >> i break down and cry all the time because i can't believe the generosity. >> how stringers and friends in pacifica are coming together to help. >>> and making it harder to buy tobacco. the surprising change one local city is considering. [ laughter ] he loves me. he loves me not. he loves me. he loves me not. ♪ he loves me! that's right. [ mom ] warm and flaky in 15, everyone loves pillsbury grands! [ girl ] make dinner pop! [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ pillsbury cookie dough. make the holidays pop! and why can you move the tv out here? the wi
Bloomberg
Dec 9, 2013 7:00pm EST
for the country's economy and the average iranian? devon caught in the middle of the tensions between washington for over 30 years since the revolution. "limited," word is there will be relief. is a small percentage. congress wants to see more sanctions put on iran. if in six months there is no progress, i'd at research is pushing back. they said we have a firm sanctions. -- the administration is pushing back. you will not see dramatic changes. you will see relief on sanctions that were lifted. the auto area and sanctions. >> what about the average iranian? they haven't caught in the middle. >> they have been in support of what is going on with the diplomatic deals. you will more support for raw honey -- rohani andy lee leeway. the iranians have been supportive as the american public. rohani leeway. picture.s a clearer >> what you have seen since 1979, iranians have been isolated. not been able to the oil revenues they had historically. billions lost. a huge part of their economic progress. that is a key area. there been sanctions on automobiles, aviation, and all of these are things to watch fo
MSNBC
Dec 4, 2013 3:00am PST
for the last three years and we have the highest investment rate of any economy in latin america that allowed us to become the country who created more jobs and more formal employment in all latin america in the last years. we are attracting more investment. the free trade agreement is a fundamental aspect of this new policy and this proactive policy. we are seeing new companies and technology and biotechnology. we are the richest country in biodiversity on the whole planet. there is a lot of interest from the new investments and we have connected the country with fiber optic and broadband and we need to see how we use it. today we are signing with microsoft and facebook and doing aboutile are very interested. there a lot of opportunities from that side of the investment sneftd traditional oil and minerals and all that sort. >> the tax sector in columbia. >> terrorism is a global problem as opposed to a regional problem. what specifically can columbia do working in conjunction with the united states to condition combatting global terror? >> we have learn and paid a very high cost in our war a
KRON
Dec 9, 2013 6:00am PST
news on friday the u.s. economy has added about 2000 jobs a month for the past three months and the u.s. employment rate patrick fell from 7.3 to 7%. the federal reserve will start tapering back to its massive bond buying program by the end of the year. in fact the fans got over three + six trillion dollars on its balance sheet right now. at a recent survey suggests economists think 62 percent of them think the bonds will be tapering at the end of 2014. another third the% thinks it will happen in the second quarter. it's like to be kind of ugly as the festers to taper is bound by program. the real concern is what will happen with interest rates. we get a jump or rise slowly. >>anny: of 2014. a new survey from the associated press finds one in 5 americans become rich for parts of their lives. the group is made up largely of older professionals, working married couples and more educated singles. many of them earn a household income of $250,000 or more at some point. they are liberal on issues like abortion and same sex marriage, but they are also wary of any government role in closing t
KRON
Dec 9, 2013 7:00am PST
of 2015, as well as generating tens of thousands for the economy. >> you will not want to miss sports night which is hosted by gary radnich. it was also featured gary's radio partner larry krueger. this is a brand new show here on kron4 spread we will have live the debates and interviews. the show will premiere thursday night at 9:00 p.m.. >> we will be right back. >> on welcome back. we are tracking a another cold morning. >> earlier this morning we drop down into the teens in petaluma. we have plenty of low 20s but now we have bottomed out and the temperatures are not set to drop any more. it is very frigid at 21 degrees out the door. it is a little cooler closer to the west porto area. we have actually seen some of the coldest on readings but we still have the freeze on and on till 9:00 a.m. this morning pripet the national weather service is scheduled to reissue the freeze warning tonight into tomorrow. this will impact mostly everyone to keep them on the coldest readings are between 6:00 a.m. and 7:00 a.m. this morning. i want to break down your afternoon high, the winds will inc
Al Jazeera America
Dec 3, 2013 6:00pm EST
the sanctions were biting deeply in the economy, or from a political perspective the architects of iran said you know what, we've been undermined for some time, and we'll show the world that we're genuine about starting a new chapter? >> well, you see in iran we have political elections. popular elections. they chose ahmadinejad eight years ago. they close a different path this election. this is an opportunity for us and for the west in order to dress this issue. we're not talking about sanctions. the affect of sanctions has been two-fold. when sanctions started you iran had less than 2,000 centerfuges. now iran has 18,000 centerfuges. the sanctions have utterly failed in that regard. now it seems to me that the west is trying to take advantage of this historic opportunity. we have a new government in iran with a different type of foreign policy, a different approach of foreign policy. our tenant versus nos have not . he will insist on our rights. we will not compromise on the basic rights of our people. but the window of opportunity is a limited window. >> that was with iran's foreign minister
FOX News
Dec 8, 2013 3:00am PST
think that's right? >> in large part. but also i think we have to look at the economy and considering that the economy has not been favorable to hispanics. i thought ted cruz had it right if you were in a private plane a few years ago still probably flying a private plane. but if you're in the bottom running of the economic lad dtt you're struggling. this is why approval ratings for hispanics is dropping. they are running out of patience with the president. >> the economy was as bad during the last presidential election. >> you're right. look just this weekend, evidently now the white house is talking hispanic groups and saying spanish language website is up and running and so this s-you know, six, seven weeks out after the deadline they had set for themselves. absolutely. obama care has not been good for hispanics and think about states like california, tucker. states like florida which are dropping millions of people, a lot of americans are losing their health care insurance. those two states have a big hispanic population. >> my impression of the white house strategy on winning bac
KICU
Dec 4, 2013 11:00pm PST
americans are getting jobs, which reflects growth in the economy. the adp national employment report showed the private sector added 215,000 jobs in november, and that was more than expected. close attention will be paid to the november report, which is due out on friday. >>> it's cold out there right now. check out napa at 24 degrees. i've got a forecast for napa in the area around santa rosa, for overnight lows into the teens. napa could easily get down to 19 degrees tonight. even cooler. walnut creek, 26 degrees. right now, temperatures below freezing. the freeze warning in effect for everybody until 9:00 a.m. tomorrow except san francisco. interestingly enough, we still have light winds out there. these winds, when they die down, it's going to get colder. we're looking for records tomorrow. napa tomorrow could easily crush its record set in 1972. the records of 1972. livermore, 24. that breaks a record. oakland could break a record. san francisco could break a record. it is going to be one cold morning tomorrow morning. then on top of that, the next weather system coming in. the latest
KICU
Dec 5, 2013 11:00pm PST
. >>> the dow lost 68 points. the nasdaq lost four. the economy grew faster than expected. >>> twitter has named a woman to its board of directors for the first time. 66-year-old margerie scardino is the former ceo of a communication company. in the past twitter has been criticized for the lack of women on its boards and top officials. >>> the -- this quilt honors 45 people who have died of aids. youth uprising says it's hosting the quilt to raise awareness for aids. >>> two schoolmates diagnosed with cancer just days apart. how a community is rallying behind the girls and their families. >> i break down and cry all the time because i just can't even believe the generosity. >> a freeze warning still in effect and winter weather advisory on the way. the unusual conditions still to come in the >>> a number of home burglaries in hercules could be the work of two teenagers. in all cases they happen during the day when the homes were empty. pry marks were found in front doors. one homeowner said he found cash and electronics missing. >> you have to take extra measures. >> another victim says he walk
KICU
Dec 6, 2013 11:00pm PST
we are seeing of an improving economy is the holiday partying. here's an example of that. the general manager says she's seen more reservations for holiday parties than in previous year. so far that restaurant has booked 25 parties and six more are waiting to be confirmed. >>> we have parties from 10 people to 100 people. >>> she says those parties can account for 10% of the year's revenue and this year she says is looking pretty good. >>> it's the ultimate gift for a coffee lover. an extremely limited rose gold colored metal gift card. it's $450. only 4,000 were available and they sold out in second. some are going for more than $1,500 on ebay. some customers are not happy about the sale. luxury own line posted and then pulled the card immediately. >>> an unusual art theft in sacramento and it was met with an unusual punishment. a print of a nude woman on a cigar has hung for many years. there have been attempts to steal it but someone finally made off with it. but police used cameras to identify the thief. he managed to bargain his way out of being prosecuted. >> i requeered him to
CBS
Dec 6, 2013 6:00pm PST
on my credit card. >> reporter: clearly, good for the shopper and the economy in his case. now, you should know that same- day delivery is free until christmas. here and at eastridge mall. after that it will be $5. and ebay now is offering a similar service at some select stores in the ferry building in san francisco as well free until christmas, $5 after that. >> all right. that's not bad. >> yeah. >> sounds like a good idea. they have to do something. they are getting eaten align from the online shopping. >> you can see what you like walking around. >>> coming up in the next half hour -- >> for retail it's not conducive. there's nobody. >> how neighborhood staples are falling victim to a transformation meant to attract a younger crowd. >> didn't come across as someone above everybody else. >> what a bay area pastor remembers most about his meeting with nelson mandela. >> how an investigation after the death of paul walker has led to an arrest. ,, ,,,,,,,,,,,,,,,,,, transformation... and placi >>> there's just no viability in this city for daytime retail. >> now at 6:30, forced to
CBS
Dec 7, 2013 5:00am PST
and the unemployment rate fell to 7% nationwide. so what does that mean for the economy? cbs news contributor and analyst melody hobson joins us from chicago. good morning. i've sort of covered all the good news was there any bad news in the latest report? >> there was a lot of good news in that report 203,000 jobs you've mentioned. the september and october numbers were revised up. the unemployment rate hit a five-year low at 7%. and where the jobs were coming from, that was great news. construction professional services, manufacturing. those are higher-paying jobs. which is why we saw wages by the hour go up for the moth. and also the work week be a bit longer so if you look across the board, the news was very, very good. >> the markets, the dow rallied 200 points on this which is interesting, because in recent weeks, when there's been good news, the dow has tended to pull back. in part because it's afraid that that will mean the fed will start pulling stimulus out of the economy. why did the market go up yesterday, do you think? >> i think two things went on at once. it's
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